The Fed's preferred gauge shows inflation rose 4.9% in April in a sign that price increases could be slowing CNBCKey inflation gauge slowed to still-high 6.3% over past year The Washington PostThe Fed's preferred inflation gauge rose 4.9% in April, near 40-year high Fox BusinessUS Inflation-Adjusted Spending: April Purchases Rose Underscoring Solid Consumer BloombergWhen is the US